This is wild
Farmmi, Inc. (FAMI: NASDAQ) is mooning from onchain trading through the "JINQIAN" / Money Mushroom meme pair
Farmmi (FAMI) recently received a Nasdaq warning after trading below $1 for 30 consecutive sessions
Degens then found “Jinqian” in the company’s own filings, literally meaning “money mushroom”, and launched $JINQIAN against tokenized FAMI
The actual Nasdaq stock is now up 71% today on 139M volume, roughly 16x its daily average
onchain meme → tokenized stock demand → viral screenshots → offchain penny-stock buyers
Important caveat: FAMI is still only around $0.20 and must hold above $1 for 10 consecutive business days
The meme hasn’t saved its listing yet, but it may have discovered the cleanest tokenized equity attention loop so far